According to Sing Tao Toutiao, on June 25, when Louis Koo attended an event in Macau, he was asked about the 8.3 million Hong Kong dollars (approximately 7.72 million yuan) demanded by Tang Caizhi, chairman of the entertainment company Guangshang Culture Holdings (formerly known as Sun Entertainment). ), he said, leaving it to a lawyer.
Sing Tao Headlines previous reports showed that in 2013 and 2014, Louis Koo and Tang Caizhi jointly invested in fashion distribution companies and catering businesses. Louis Koo borrowed money from Tang Caizhi and failed to repay the investment. On June 11, Tang Caizhi appealed to the Hong Kong High Court to recover HK$8.3 million from Louis Koo, requesting the court to order Louis Koo to hold half of Tang Caizhi's equity in the form of a trust and requesting the transfer of shares. and submit accounts.
According to reports, the plaintiff in the case is Tang Caizhi, and the defendant is Louis Koo and the company cool label limited owned by Louis Koo.
The appeal pointed out that Tang Caizhi is a well-known film producer and investor. In mid-2013, Tang Caizhi agreed with Louis Koo to invest in eyeteam limited, a company that distributes fashion brands such as "evisu" and "a bathing ape", with an investment of 16.6 million Hong Kong dollars. Product Power Limited, wholly owned by Louis Koo, purchased a 49% stake in eyeteam.
The appeal also pointed out that on July 19 of the same year, Louis Koo was unable to pay for his investment shares according to the agreement. Tang Caizhi agreed to assist and loaned HK$8.3 million to Louis Koo interest-free with a repayment period of 5 years, but Louis Koo has not repaid the loan so far.
According to Hong Kong media reports, Tang Caizhi flexed his muscles in the entertainment industry during his time in charge of Sun Entertainment Culture, including inviting Huang Baigao to join the main management film business. Louis Koo has also worked closely with Sun Entertainment, and has participated in the filming of films invested by the company, including "Anti-Drug", "Aberdeen", "Paris Vacation" and "Slaying the Wolf", which won Louis the first Academy Award for Best Actor. Greedy Wolf".
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